The month of January where students at Colby College and Middlebury College take one class therefore demonstrating they are a bunch of pussies, compared to the rest of college students that have several classes per day and still manage to have more fun. Particularly those studying in Vermont, California and Colorado where "j-term" means "joint term" pertaining cannabis.

Two guys at new years party:

Pussy from Colby:
Ya January won't be too bad, we have a j-term

CU Boulder Fratboy:
FUCK YOUR J-TERM JUST BLAZE EVERYDAY AND DONT BE A PUSSY YOU PREPPY WANNA BE IVY LEAGUE FUCK!